EBRD is financing the construction of a 10MW solar power plant in the Feriana region of Tunisia.The financing package entails a €3.9 million EBRD loan and up to €1 million in concessional funding from Finland under the EBRD’s High Impact Partnership on Climate Action to Centrale... More

EBRD is extending an unfunded portfolio risk-sharing facility to Ukraine’s OTP Leasing to unlock €80 million (about $87 million) of new leasing finance for Ukraine’s business sector amid the ongoing war waged by Russia.  EBRD’s facility will cover up to 50% of OTP... More

BNDES has approved BRL146.1 million ($28.5 million) in financing to Brisanet Servicos de Telecomunicacoes to support the expansion of telecommunications services in regions with low income and poor network quality. The project aims to bridge the digital divide and provide universal access to 5G... More

Bengaluru suburban rail project has received a INR26.9 billion ($322.5 million) loan from EIB to enhance Bengaluru's public transportation. Additionally, KfW has provided a loan of INR 45.5 billion ($545.2 million) alongside a grant of INR 409.6 million ($4.9 million).The financing framework for... More

IFC has announced five new partnerships with the Government of Rwanda to support the country in strengthening its economy and creating jobs. These collaborations are focused on promoting private sector engagement across various sectors, including climate-smart agriculture, green city development,... More

EBRD is providing an unfunded portfolio risk-sharing facility to ProCredit Bank Ukraine, to unlock €70 million ($76.1 million) of new financing, allowing the bank to extend credit to private businesses operating in critical industries.Under this facility, EBRD will cover up to 50% of ProCredit... More

IDB Invest will provide financing of up to $5 million to Farmacias Corporativas (Farmacorp), one of the largest pharmacy chains in Bolivia, to increase access to medical and hospital supplies and other pharmaceutical products, while bolstering the health sector in the country.Farmacorp is expected... More

EBRD and the EU are stepping up their support for Armenian MSMEs to help them become more competitive, both domestically and internationally, and to reduce their carbon footprint. EBRD is providing a $7 million loan to Inecobank for on-lending to Armenian firms, while the EU is complementing... More

EBRD is boosting its support for MSMEs in Armenia by extending new financing to Armeconombank.The EBRD’s loan of up to $10 million (€9.2 million) will be provided in Armenian drams under the EBRD’s SME Local Currency Programme and is supported by a 12.5% first-loss risk cover... More

The IMF has approved hybrid capital as an eligible instrument for channeling of Special Drawing Rights (SDRs) in a move to help unlock new lending by multilateral development banks to address rising global challenges, including climate and food security.The SDR-hybrid-capital based solution proposed... More

Serbia is set to receive €31.925 million ($35 million) for the development of its biomass market, in a project that aims to ensure consumers are connected to district heating networks. This is the second phase of the programme, the first of which is expected to end this year. KfW is... More

Nigeria is advancing plans to set up a Regional Maritime Development Bank.With an envisaged capital base of $1 billion, RMDB is set to boost the region’s maritime industry and stimulate economic growth across West and Central Africa. RMDB will support maritime infrastructure, facilitating... More

ADB has approved a $148.5 million loan to help strengthen, modernize, and climate-proof the distribution system to enhance reliability, quality, and resilience of electricity supply in Sikkim, India.The project will upgrade and modernize Sikkim’s power distribution system by upgrading it with... More

IBRD issued a new catastrophe bond that finances $175 million of additional insurance protection for the government of Mexico against named storm events occurring on the Pacific side of the country.This bond significantly expands Mexico’s coverage for Pacific hurricane risk from the recently... More

IDB Invest raised A$600 million ($400.6 million) through a five-year fixed rate green bond. This is IDB Invest’s third public benchmark in the Australian market and its largest kangaroo bond to date. The net proceeds of the bond will be used to finance eligible projects under the green... More

EBRD is extending a €16 million ($17.4 million) sovereign loan to the government of Georgia to continue modernising its solid waste management and financing infrastructure, converting the gas produced by solid waste into electricity.The loan will be complemented by a €4 million grant from... More

EBRD is promoting green and inclusive lending in Mongolia by offering funds of up to $20 million (€18.4 million) to the country’s largest commercial lender, Khan Bank.The financial package consists of a $10 million facility under EBRD’s Green Economy Financing Facility for Mongolia,... More